Below, I will briefly share some of my insights on trading contracts.

1. You must maintain a stable mindset. When I first started trading contracts, I divided my $10,000 into 5 parts, each part being $2,000. I operated one part at a time. During the lowest point, I lost 4 parts and told myself that if I lost the fifth part, I would stop trading. I had to play the last part very cautiously.

2. You must learn to summarize your experiences. From the four parts that I lost at the beginning, my personal takeaway is to never be greedy. This is a common issue. The first time I saw the contract currency I bought increase by 5 times but was too reluctant to sell, the next day it plummeted and was forcibly liquidated... I regretted being greedy..

3. Learn to take profits and cut losses in a timely manner. Set a target. I usually select two currencies to trade in popular sectors or among the top 10 by trading volume. I generally buy when the value of the currency is down by 5%-8% from its value at 10 AM that day, and I exit when I double my investment.

4. Reserve enough margin. Trading contracts can lead to losses, so please make sure to reserve enough margin. Generally, I reserve 1/3 of the margin to handle small fluctuations.

5. Lastly, the money I earn from trading contracts, I usually take 3/5 to buy spot platform tokens or other mainstream currencies, while the remaining continues to be invested in contracts. Buying platform tokens is to increase my risk resistance.